Unibios’ Board of Directors consists of 7 members. Three are Executive Members and three are independent non-executive. The Board was elected for a five-year term that expires 20 September 2024. According to Greek corporate law this term can be extended until the first Shareholder General Assembly following the term’s expiration date.
According to the company’s Articles of Incorporation, the Board of Directors represents the company and administers its affairs (administration and disposition of assets). It decides on all matters relating to the Company, which fall within the scope of the Company’s purpose except those which by law or by specific provisions in the Articles of Association fall under the exclusive competence of the General Assembly of the Shareholders. The responsibilities of the Board of Directors are regulated by the Company’s Articles of Incorporation and the Greek Law 4548/2018. The Audit Committee consists of three non-executive members of the Board of Directors of which the majority are Independant. Mr. George Papathanassiou is the Chairman of the Committee, Mr. Ioannis Methodios and Mr. Ioannis Xifaras are the members of the Committee. The company is governed in accordance with its By-Laws, its Code of Corporate Conduct and its Internal Rulebook.